so secretary of the navy has basically said that they're sort of -- contingency planning is to cancel 55% of takeoffs or landings on aircraft carriers, 23 ships won't get maintenance or repair work. >> bill: so in terms of preparedness, right, this would be a disaster. >> it is. that was panetta's point. we're really -- >> bill: why do republicans want this? >> i was on the floor yesterday rattling off all of the statistics. speaker boehner actually followed me and you know, went off on this sort of gimmick bill that they're talking about. the president has to come up with a balanced budget within the next ten years. so you know, sequestration, as you know a mechanism back in the '80s, graham ruddiman, the language is also verbatim and it was never intended to actually go into effect. it was to force people to compromise and negotiate. >> bill: which is what we thought it would be over the fight over the debt ceiling. >> when you're talking about a trillion dollars of deficit reduction over the next ten years, the fact is that you could do this on the back of an envelope right now. bu